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TNA: Budget needs to be consistent with IMF economic reform program and macroeconomic framework

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TNA MP M.A. Sumanthiran told Parliament that the Government must rethink its priorities and address the needs of the lower income classes of the country. Sumanthiran pointed out that the Government, despite promises, has not allocated funds to provide the promised subsidy for kerosene but is making essentials necessary for the country’s middle class and upper-middle class readily available.

“The Government is making petrol and super diesel available but there is a shortage of diesel and kerosene. The priority must be the other way around. The needs of those who need the support most must be prioritised,” he said. The TNA MP said he believes the Government has taken this course of action in a bid to silence the protests of the country’s middle and upper-middle class. “The Government is doing this because it thinks by silencing the dissent of the middle and upper-middle class it can get away with blue murder,” he accused. According to the MP, the interim Budget has only further burdened the lower-income classes of the country. “Hoping to supply the Budget deficit through local revenue is not the answer,” he said. Sumanthiran pointed out that many shootings and killings are taking place across the country. “Police are not investigating these crimes and are instead being deployed in the thousands to stifle genuine protests by the people. Around 1000 policemen are deployed to stop a protest march of just 500 people. Earlier tear gas and water cannons were used on protestors and now the Government is using the Prevention of Terrorism Act to repress them as well,” he noted. He also questioned if the President is attempting to appeal to some sections of the country. “The President signed the recent detention orders in Sinhala, whereas he usually signs in English.

Is there a sudden change of personality? Is he trying to appeal to certain sections of society by signing in Sinhala?” he asked. The MP pointed out that the International Monetary Fund (IMF) has announced the Staff-Level Agreement with Sri Lanka but based on several conditions. “Even as it was announced the IMF released this statement and I quote – ‘the new Staff-Level Agreement is subject to the approval of IMF management and the Executive Board in the period ahead, contingent on the implementation by the authorities of prior actions including financial assurances from Sri Lanka’s official creditors.’ In other words, this is contingent on something that has not been done yet. We hope the Government sees to this,” he said. But the MP also pointed out that to fulfil these obligations the Budget needs to be consistent with the economic reform program and macro-economic framework underlying by the IMF. Pointing out Japan’s denial of hosting a debt restructuring conference on Sri Lanka contrary to President Ranil Wickremesinghe’s claims, Sumanthiran said the people must be told the whole truth. “People are being told what they like to hear,” he said.



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Delay in govt. response to UK sanctions on ex-military chiefs, and others causes concern

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General Silva / Admiral Karannagoda

Admiral of the Fleet Wasantha Karannagoda said that he is still waiting for the government’s response to the UK sanctions imposed on three ex-military officers, including him, and a former member of the LTTE.

The former Navy Chief said so in response to The Island query whether he was aware of the position taken by a three-member ministerial committee, consisting of Foreign Minister Vijitha Herath, Justice and National Integration Minister Harshana Nanayakkara and Deputy Defence Minister Maj. Gen (retd) Aruna Jayasekera.

The government named the committee in the wake of the UK declaration of travel bans and asset freezes in respect of Karannagoda, General Shavendra Silva, General Jagath Jayasuriya and Vinayagamoorthy Muralitharan, also known as Karuna. Maj. Gen. Jayasekera said that they inquired into the issue at hand.

Karannnagoda said that he would like to know the government’s recommendations if the ministerial committee briefed the Cabinet as per a decision taken by the Cabinet of Ministers. Karannagoda said that the issue should have been taken at the highest level as various interested parties continue to humiliate the war-winning military by targeting selected individuals.

Other sources, familiar with the issues at hand, told The Island that the government was yet to announce its stand.

Sources pointed out that the Opposition has been silent on what they called a matter of utmost national importance.

Cabinet spokesman Dr. Nalinda Jayathissa is on record as having described the UK move as a unilateral move and that committee was formed to examine the developments and recommend appropriate measures to the Cabinet.

Foreign Minister Herath told The Island the government was not successful in getting the British to withdraw sanctions. Describing the UK decision as unilateral, the Miniser said that the government conveyed its concerns but the UK didn’t change its stand.

The Island raised the issue with Minister Herath and Admiral Karannagoda in the wake of British MP of Sri Lankan origin, Uma Kumaran requesting the UK Foreign Secretary Yvette Cooper to expand on the government’s sanctions imposed on the four above-mentioned persons.

During a Foreign Affairs Committee meeting on 16 December, the MP for Stratford and Bow highlighted the lack of accountability and political will from the current Sri Lankan government to address war crimes and mass atrocities committed in Sri Lanka.

Sources said that David Lammy, who served as Secretary of State for Foreign, Commonwealth and Development Affairs at the time of the declaration of sanctions, had no qualms in declaring that the action taken against four Sri Lankans was in line with a commitment he made during the election campaign to ensure those responsible wouldn’t be allowed impunity. The UK government statement quoted Lammy as having said that this decision ensured that those responsible for past human rights violations and abuses were held accountable.

By Shamindra Ferdinando

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Sri Lanka outlines seven key vectors of international cooperation at Moscow forum

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Shobini

Sri Lankan Ambassador to the Russian Federation, Shobini Gunasekera recently presented a conceptual framework of seven key vectors that defined contemporary international relations and facilitated dialogue among States. She made the presentation at XI Moscow International Financial and Economic Forum held under the theme “Building Bridges: Partnership without Borders”.

In her address, the Ambassador emphasised that these vectors represent the channels through which ideas circulate, trade expands, and peace is strengthened, serving as guiding principles for cooperation amid global uncertainties. The seven key vectors highlighted were economic ties as a foundation for long-term stability; political choice and diplomacy through dialogue and multilateral engagement; security cooperation to address cross-border threats; cultural linkages through education, tourism, and professional exchanges; technological advancement, particularly in digital systems and artificial intelligence; environmental stewardship through collective action on renewable energy and climate change; and humanitarian obligations, including disaster relief and development cooperation.

 Drawing on Sri Lanka’s experience, the Ambassador illustrated the practical application of these principles by highlighting the country’s strategic location in the Indian Ocean, its role as a trade and logistics hub, and its active engagement in regional groupings such as BIMSTEC and the Indian Ocean Rim Association, where the Russian Federation serves as a Dialogue Partner.

 The potential for enhanced Sri Lanka–Russia bilateral cooperation was underscored, particularly through complementarities between Russia’s technological and energy expertise and Sri Lanka’s logistical capabilities and maritime infrastructure. She noted that such synergies could support joint initiatives in trade, innovation, tourism, and logistics, while cultural and scientific exchanges would further strengthen mutual understanding between the two countries.

Concluding her remarks, the Ambassador stated that sustained progress requires dialogue, mutual respect, and forward-looking partnerships capable of shaping a shared and stable future.

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Sri Lanka third most preferred destination for Indians

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Thailand takes top place

Travel website Make My Trip has named Sri Lanka as the third most booked international destination by Indian travellers for the festive period, following Thailand and the United Arab Emirates (UAE).

According to a report released by MakeMyTrip, an analysis of booking trends between 20 December and January 2026 compared to the same period last year, highlighted a growing interest in Sri Lanka as a preferred destination.

Thailand ranked first, while the UAE secured second place. Vietnam recorded a notable rise, moving from seventh position last year to fourth this year, followed by Malaysia, Indonesia, Singapore, the UK, the US, and Hong Kong.

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